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Last Updated : Jan 24, 2018 01:22 PM IST | Source: CNBC-TV18

Buy KPIT Technologies, Siemens; hold Sun Pharma, Vakrangee: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy KPIT Technologies and Siemens and can hold Sun Pharma and Vakrangee.

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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "KPIT Technologies is a buying opportunity. It has been for some time, actually all IT are running away, midcap IT, largecap IT - so you could literally close your eyes and buy one of them. KPIT is the choice for the day."

"Siemens is a buy,  it has a much better chart. That chart is part of the larger infrastructure group if we define it that way and there is an investment buying opportunity in Siemens apart from the day trade."

"Sun Pharmaceutical Industries is now in an uptrend. The bear market is behind it, a consolidation and a base building is over. Sun Pharma is a buy on every opportunity and every dip."

"The way forward for Sun Pharma  is to hold on to it. This is an investors market. There is no sense in trading in and out and then taking small profits or panicking or anything. This is a good quality stock, it has now started on an uptrend, stay with it for years," he said.

"The long term view on Vakrangee is upbeat and bullish. Vakrangee has had a very spectacular run including today, so at some point this stock prices will pause and we will not see rallies and uptrends and big moves like we are seeing now but that doesn’t change the structure, that doesn’t change the view. The view is that higher levels are coming. Just expect consolidations in between. Hold this stock and you will get good rewards," he added.
First Published on Jan 24, 2018 01:10 pm
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